7th Jul 2011 16:50
7 July 2011
DDD GROUP PLC
Director's Dealing
DDD Group plc (AIM: DDD, the "Company"), the 3D solutions company, announces that on 5 July 2011 Mr. Christopher Yewdall, CEO and Executive Director of the Company, exercised options over 325,325 ordinary shares of 1p each in the Company (the "Ordinary Shares") at an exercise price of 13p per share (together the "Option Exercise"). Under the rules of the unapproved scheme, Mr. Yewdall is subject to U.S. personal income taxation on the Option Exercise.
In order to meet the costs and taxation charge associated with the Option Exercise, Mr. Yewdall sold 125,325 of the Ordinary Shares relating to the Option Exercise on 6 July 2011 at 28p per Ordinary Share. Following the Option Exercise and subsequent sale of 125,325 Ordinary Shares, Mr. Yewdall's interest in the Company stands at 2,281,808 Ordinary Shares or approximately 1.7% of the issued ordinary share capital and total voting rights in the Company.
Mr. Yewdall's shares are part of the block admission that was announced on 5 May 2011 and admitted to AIM on 11 May 2011.
For the purposes of Disclosure and Transparency Rules, following the Option Exercise the Company's total issued and admitted share capital is 134,668,812 Ordinary Shares. There are no Ordinary Shares held in treasury. The total number of voting rights in the Company will therefore be 134,668,812.
The above figure of 134,668,812 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.
Enquiries
DDD Group Chris Yewdall, President & CEO Victoria Stull, Chief Financial Officer | +1 310 566 3340 |
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Canaccord Genuity Simon Bridges | 0207 050 6500 |
College Hill Kay Larsen / Adrian Duffield | 0207 457 2020 |
Related Shares:
DDD.L